Oct 12, 2012 9:00am EDT
in the economic environment, is the fundamental reason that central planning cannot work, even apart from the adverse implications of central planning for individual freedom. we use market institutions to allocate resources because doing so maximizes aggregate wealth. we don't use market institutions to allocate and reallocate resources in order to preserve jobs in any given industry. therefore, the structural unemployment that results from reductions in defense outlays is irrelevant and politically, even if it is highly relevant politically. to the extent that reductions in defense outlays reflect an improvement in international security environments, that improvement in yields an increase in national wealth in exactly the same sense that a reduction in crime does the same. while increased employment in a given economic sector or increased unemployment, rather, in a given economic sector is painful for those subjected to economic losses, it is not a loss for the economy as a whole, because the reallocation of resources in response to changes in relative prices increases the aggregate pro
Oct 6, 2012 3:00am PDT
hall debates. environments can be relatable. mitt romney's achilles heel. >> governor, stick around, you are not done. >> i will give you a few more minutes. >> when vice president joe biden admitted well, sort of, that yes, there is a mask tax hike coming your way courtesy of him. you know the phrase we always use, obama and biden want to raise taxes by a trillion dollars. guess what? yes we do. >> he corrected for that afterwards. but we do want to talk about the gaffe plus whether the mainstream media is giving the v.p. a pass. >> then the ultimatum one employer just gave. get your flu shot or you are out of here. you will be fired if you don't have the flu shot. does that sound fair? we report, you decide after the break. >> mitt romney really on the offensive the other night. he made statements that i think damaged president obama's credibility almost like he was he joe biden. you could feel it bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics.
Oct 6, 2012 7:00am EDT
and big oil companies, the generics began to spread. instead of being in a neutral environment, we were up 1, 2, 3, and when todd aiken express those horrific thoughts about legitimacy to forms of rape, the generics widened even more. when the republican or romping in the sea of galilee, the generics spread even more. these people have breweries that would end of medicare to fund -- these people have priorities that would end medicare. in august, the nbc/ "wall street journal"generic said it was up four. there is a direct correlation between generics and our ability to win back the house and right now is going in the right direction. host: you could hear more from that interview tomorrow at 10:00 in the morning on this network. vincent from detroit, michigan, good morning. caller: good morning, i started new job monday. host: congratulations. caller: i was previously working part-time in retail but prior to that i was in the health field and the hospital were that close. i was out of work for eight months and applied for hundreds of jobs. i just got a job so i believe the economy is gettin